Peru’s updated Law 29971 finally recognizes energy storage as transmission infrastructure. Bureaucrats moving faster than a charging lithium-ion battery? Now we’re witnessing real magic! As Peru’s Energy Minister joked last month: “We’re not just storing electrons—we’re bottling lightning.”
[pdf] The energy storage cabinet market, currently valued at $820 million in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 13.6% from 2025 to 2033.
[pdf] US-based Pomega Energy Storage Technologies, a company specializing in lithium iron phosphate (LFP) battery production, has secured a contract to install a 62-megawatt (MW) / 104-megawatt-hour (MWh) battery energy storage system (BESS) at the Oslomej 80-megawatt-peak (MWp) solar power plant in North Macedonia.
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